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Question: the sgs co had 243000 in taxable income use the...

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The SGS Co. had $243,000 in taxable income. Use the rates from Table 2.3. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Calculate the company’s income taxes.

TABLE 2.3 Tax Rate Taxable Income Corporate tax rates 50,000 75,000 100,000 335,000 335,00110,000,000 10,000,001-15,000,000 15,000,001-18,333,333 15% 25 34 39 34 35 38 35 0- 50,001 75,001 100,001 18,333,334+

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